ASX:OAR

Stock Analysis Report

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Executive Summary

Oakdale Resources Limited engages in the exploration and development of economic mineral deposits in Australia and Peru.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has Oakdale Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OAR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

OAR

-1.8%

AU Metals and Mining

3.8%

AU Market


1 Year Return

-87.5%

OAR

2.0%

AU Metals and Mining

-10.6%

AU Market

Return vs Industry: OAR underperformed the Australian Metals and Mining industry which returned 0.6% over the past year.

Return vs Market: OAR underperformed the Australian Market which returned -13.6% over the past year.


Shareholder returns

OARIndustryMarket
7 Day0%-1.8%3.8%
30 Day-33.3%11.6%9.9%
90 Day-33.3%2.4%-13.0%
1 Year-87.5%-87.5%7.2%2.0%-6.9%-10.6%
3 Yearn/a60.0%39.1%12.7%-2.1%
5 Yearn/a97.2%59.4%27.9%0.4%

Price Volatility Vs. Market

How volatile is Oakdale Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Oakdale Resources undervalued compared to its fair value and its price relative to the market?

1.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate OAR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate OAR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: OAR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: OAR is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OAR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: OAR is good value based on its PB Ratio (1.2x) compared to the AU Metals and Mining industry average (1.4x).


Next Steps

Future Growth

How is Oakdale Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.5%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Oakdale Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Oakdale Resources performed over the past 5 years?

-123.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: OAR is currently unprofitable.

Growing Profit Margin: OAR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if OAR's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare OAR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OAR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.9%).


Return on Equity

High ROE: OAR has a negative Return on Equity (-260.54%), as it is currently unprofitable.


Next Steps

Financial Health

How is Oakdale Resources's financial position?


Financial Position Analysis

Short Term Liabilities: OAR's short term assets (A$1.5M) exceed its short term liabilities (A$1.1M).

Long Term Liabilities: OAR's short term assets (A$1.5M) exceed its long term liabilities (A$226.7K).


Debt to Equity History and Analysis

Debt Level: OAR's debt to equity ratio (59.7%) is considered high.

Reducing Debt: Insufficient data to determine if OAR's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: OAR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: OAR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 83.9% each year


Next Steps

Dividend

What is Oakdale Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate OAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OAR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if OAR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OAR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OAR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure


CEO

Oakdale Resources has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Gale
Executive Chairman1yrAU$38.40k1.94% A$34.0k
Jon Grygorcewicz
Chief Financial Officer1yrAU$625.00no data
Andrew Knowles
General Manager of Ozinca Australiano dataAU$179.20k4.11% A$72.0k
Yugi Gouw
Company Secretary0.17yrno datano data

1.0yrs

Average Tenure

Experienced Management: OAR's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Christopher Gale
Executive Chairman1yrAU$38.40k1.94% A$34.0k
David Vilensky
Independent Non-Executive Director1.17yrsAU$36.00k0.50% A$8.8k
Joseph van den Elsen
Non-Executive Director0.17yrno datano data

1.0yrs

Average Tenure

Experienced Board: OAR's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 253.5%.


Top Shareholders

Company Information

Oakdale Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Oakdale Resources Limited
  • Ticker: OAR
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$1.753m
  • Shares outstanding: 701.15m
  • Website: https://www.oakdaleresources.com.au

Location

  • Oakdale Resources Limited
  • 32 Harrogate Street
  • Unit 3
  • West Leederville
  • Western Australia
  • 6007
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OARASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMar 2019
OARCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMar 2019
F1SDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2019

Biography

Oakdale Resources Limited engages in the exploration and development of economic mineral deposits in Australia and Peru. It focuses on developing a graphite mining operation and graphite project located on Central Eyre Peninsula in South Australia. The company explores for gold, iron, and base metals. It also holds an agreement to acquire 100% interest in the Crown PGE-nickel-copper project located within the Yilgarn Craton, Western Australia. Oakdale Resources Limited is based in West Leederville, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 11:01
End of Day Share Price2020/05/27 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.